Should Churches Secure Loans From Banks? - Religion - Nairaland
Nairaland Forum / Nairaland / General / Religion / Should Churches Secure Loans From Banks? (619 Views)
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| Should Churches Secure Loans From Banks? by shinystar(m): 2:36am On Oct 18, 2009 |
There is a growing trend among churches for serviceable loans from commercial banks. Pastors are divided over the proprietary or otherwise of the facility. Some say it is okay as long as it is for developmental purposes. Others feel if it is God then he should provide. I have spoken with bank officials and they agree banks prefer to grant loans to churches. One, they hardly default and too the weekly incomes make up for the servicing. As a matter of fact, many commercial banks have enticing offers for churches to take up loan facilities. What is your take? Let's roll. |
| Re: Should Churches Secure Loans From Banks? by Nobody: 3:12am On Oct 18, 2009 |
dont see what the problem is as long as they dont default. |
| Re: Should Churches Secure Loans From Banks? by jagunlabi(m): 5:42pm On Oct 18, 2009 |
Church business in naija is a low risk and rather reliable venture, so banks can go for it. Problems can only occur when pastors start defaulting on the grounds that their god(s) has commanded them in their visions to start defaulting on payments.Na dia wey katakata fit burst. |
| Re: Should Churches Secure Loans From Banks? by KunleOshob(m): 5:47pm On Oct 18, 2009 |
Well it is a perfectly normal business practise to collect loans to finance the expansion of business enterprises. |
| Re: Should Churches Secure Loans From Banks? by shinystar(m): 1:01pm On Oct 20, 2009 |
KunleOsho, When did churches become business enterprises that require loans for expansion? |
| Re: Should Churches Secure Loans From Banks? by jagunlabi(m): 1:29pm On Oct 20, 2009 |
shinystar:You dey sleep?You don't know what is going on in naija?Churchery is corporate venture with the pastorship as the CEO. Which is why corporate churches should be taxed. |
| Re: Should Churches Secure Loans From Banks? by shinystar(m): 1:56pm On Oct 21, 2009 |
jagunlabi, Na fight? At least let us learn to be refined in our contributions. |
| Re: Should Churches Secure Loans From Banks? by KunleOshob(m): 5:57pm On Oct 21, 2009 |
shinystar: Well a lot of churches [especially pentecostal] are set up as business enterprises today and they act as such. |
| Re: Should Churches Secure Loans From Banks? by 9ja4eva: 3:42am On Oct 26, 2009 |
The don`t need LOANS. Members provide more than enough |
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